I Am Still Leaning Long The Pot Stocks That End With F
At this time of year, stocks with decent patterns are more likely to break up. The pot stocks, like GTBIF, have already turned the corner.
Archives: Daily Videos
We’ve Reached Key Resistance Levels — Are We Done?
Remember, it’s not what is happening now, but what the market thinks will happen 6 months from now that is important.
The Next Catalyst
With setups brewing in the Euro, gold, and bonds, here are setups on the daily timeframe that are on my radar.
Why the bulls are in charge.
It’s been the same story nearly all year, new lows are triggering short squeezes; however, what does the overbought S&P say about the short side now?
Voodoo Fireline is just one element of NDX resistance
Today saw the NDX rally into multiple layers of Fibonacci, Voodoo Lines, and channel line resistance. The Voodoo Lines road map will help identify where it could go from here.
Planning for Turbulence
The question is likely, Was that the retracement or is there more ahead? If more, how much and what kind of targets can we try to plan for? Let’s take a look at that in tonight’s market update.
These I like. Those I don’t
There are a few things that I like and we will certainly have a look. Some things just take time and for those we seem to be in the waiting period. While waiting we can certainly day-trade the intra-day price swings. That definitely appears to be the case in the equity complex as it slows to catch its breath.
Tomorrow’s PPI holds clues to interpreting resistance levels reached today
To access this content, you must purchase Voodoo Mastery (Quarterly), or log in if you are a member.
All Eyes on the PPI Report
The bond market led stocks last week on the way up. Any sell-off of bonds, and the /ES could go back to the 3900 level.